When you enroll through our links, we may earn a small commission—at no extra cost to you. This helps keep our platform free and inspires us to add more value.

Udemy logo

Accounting-Debits & Credits-Practice Test Questions-Bookkeep

Accounting Essentials - Accounting terms Bookkeeping & recording transactions using the accounting equation

     
  • 3.9
  •  |
  • Reviews ( 17 )
₹1299

This Course Includes

  • iconudemy
  • icon3.9 (17 reviews )
  • icon4.5 total hours
  • iconenglish
  • iconOnline - Self Paced
  • iconcourse
  • iconUdemy

About Accounting-Debits & Credits-Practice Test Questions-Bookkeep

This course will provide only practice questions, so learners can practice test taking. Our course entitled “Financial Accounting – Debit & Credits-Accounting Transactions” will also include practice problems, presentations, and discussion questions.

Accounting core concepts will be covered, foundational accounting skills needed for all levels of accounting including the accounting terms, the double entry accounting system, and recording transactions using both the accounting equation and debits and credits. These accounting skill are fundamental bookkeeping skills.

These are the accounting fundamentals which most accounting courses spend far too little time on. The better we understand these accounting foundation topics, the better we will do in all accounting concepts.

Like practicing catch or going over those musical scales, practicing the accounting fundamentals is time well spent for beginners as well as experienced accountants. We are never too smart to practice the accounting fundamentals. This course will thoroughly cover the fundamentals and will provide a foundation for learning concepts that limit the likelihood of learning rules that do not always apply.

What You Will Learn?

  • Define accounting.
  • List accounting objectives.
  • List and describe financial statements.
  • Explain the relationship between financial statements.
  • Describe the double entry accounting system.
  • Name and explain the accounting equation.
  • Record financial transactions using the accounting equation.
  • Record financial transactions using debits and credits.
  • Post general journal entries to the general ledger.